ZIP Code · NE

ZIP 68005

Part of Bellevue, NE

Pop. 21,984·Sarpy County·48th most expensive ZIP in Nebraska

Median rent (all units)

$1,055/mo

Year-over-Year

-1.3%

Month-over-Month

Stable

vs US Median

-$877

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 68005 · $1,055

More affordable than 97% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$990

1 BR

$1,040

2 BR

$1,240

3 BR

$1,640

4 BR+

$1,850

Research median

$1,240/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 68005 is 3.3% below its high of $1,091 in January 2026, at $1,055 as of September 2026.

Past year vs. the rest of Nebraska

Rent in ZIP 68005 changed -1.3% over the year to September 2026. Across the 47 Nebraska ZIP codes Zillow tracks, the typical change was +2.3%.

Recent direction

Rent rose in 4 of the last 12 months.

What a typical income covers

30% of the median household income ($66,551) is $1,664 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,640); a 4-bedroom is $1,850.

From Zillow's monthly rent index (ZORI) for ZIP 68005. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$12,660/yr

At $1,055/mo median

Location

CityBellevue

StateNE

CountySarpy County

Rent Market Meter

Balanced Market

Renter's MarketBalancedLandlord's Market

Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.

Based on rent-price momentum (-1.3% YoY, +0.1% MoM), not inventory.

Demographics

Who lives here

ZIP 68005 (Bellevue, NE) is majority owner-occupied, has a large share of families with children, 29.3% of residents hold a bachelor's degree or higher.

Population

21,984

Median income

$66,551

Median age

Renters

43.8%

Age distribution

25.5%

22.7%

23.3%

17.9%

Under 1825.5%

18–3422.7%

35–5423.3%

55–6410.6%

65+17.9%

Gender

47.5%

52.5%

Male47.5%

Female52.5%

Race & ethnicity

73.3%

12.4%

White73.3%

Black8.1%

Hispanic12.4%

Asian3%

Other3%

Education (25+)

26%

37.6%

29.3%

No HS diploma7.1%

HS diploma26%

Some college37.6%

Bachelor's+29.3%

Housing tenure

56.2%

43.8%

Owner56.2%

Renter43.8%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2022 vs 2026

How ZIP 68005 in Bellevue, NE has changed in 5 years

Rent

$849 → $1,055

up 24.3%

Income

$56,924 → $66,551

up 16.9%

Population

22,266 → 21,984

down 1.3%

Renter share

43.4% → 43.8%

+0.4 pts

Bachelor's+

29.1% → 29.3%

+0.2 pts

Median age

35.5 → 36

+0.5 yrs

Five years ago, renters in ZIP 68005 in Bellevue, NE paid around $849 a month. That figure now sits near $1,055, up 24.3% from the 2022 baseline. Median household income climbed from $56,924 to $66,551 between 2021 and 2024, a 16.9% shift. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 68005 in Bellevue, NE losing about 282 residents over the five-year window, down 1.3% on net. Taken together, the five-year picture in ZIP 68005 in Bellevue, NE reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

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About renting in ZIP 68005

Last updated: October 17, 2026

ZIP code 68005 covers Bellevue, NE. The median rent here is $1,055/mo as of October 2026. A 1-bedroom rents for a median of $1,040/mo. A 2-bedroom rents for a median of $1,240/mo.

At 19% of local median household income ($66,551/yr), ZIP 68005 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 1.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 68005?

To keep rent at or below 30% of gross income, you would need to earn at least $42,000/year (about $20/hour full-time) to afford the median rent of $1,055/mo in ZIP 68005. The local median household income is $66,551/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 68005?

Rent in ZIP 68005 has fallen 1.3% over the past year as of September 2026. It sits 3.3% below its high of $1,091 in January 2026.

How does ZIP 68005 compare to other ZIPs in Nebraska?

ZIP 68005 is one of the more affordable among Nebraska ZIP codes for rent, ranking #48 of 52 at $1,055/mo. Over the year to September 2026, rent in ZIP 68005 changed -1.3%, against a typical +2.3% across the 47 Nebraska ZIP codes Zillow tracks.